recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …

This study focuses on the effect of public funding on internal R&D investment and on total innovation intensity on a … whether or not governments could further foster R&D activities by extending innovation policies to currently not supported … does not uncover any systematic misallocation of public funding for the countries under review. -- Innovation ; Policy …

multinational companies. -- Export ; R&D ; Multinational enterprises ; Innovation Policy …

heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and … received, EU grants have higher effects. In terms of output, holding innovation expenditures constant, funding from both … obtained, we find superiority for national funding. -- Subsidies ; Innovation ; Policy Evaluation ; Treatment Effects …

This paper integrates innovation input and output effects of R&D subsidies into a modified Crépon–Duguet–Mairesse (CDM …

In October 2013, the European Commission presented a new indicator intended to capture innovation outputs and outcomes … usefulness of the new indicator against the background of the difficulties in measuring innovation outputs and outcomes. We … develop a unique conceptual framework for measuring innovation outcomes that distinguishes structural change and structural …